The European Union is preparing a new sanctions package to increase pressure on Russian President Vladimir Putin, EU Commission President Ursula Von Der Leyen announced. This comes as European leaders meet in Tirana and Russia and Ukraine hold direct peace talks in Istanbul.
The European Union is working on a new sanctions package to tighten pressure on Russian President Vladimir Putin. EU Commission President Ursula Von Der Leyen confirmed this as European leaders gathered in Tirana, Albania. The sanctions aim to target Russia’s energy and financial sectors, including the Nord Stream pipelines and Russian vessels.
The EU has already imposed multiple sanctions, but securing unanimous support from all 27 member countries has become more challenging. Diplomats say the new measures will need U.S. backing to have a real impact. The U.S. has taken a leading role in negotiations, sidelining the EU's involvement in peace talks.
Ukrainian President Volodymyr Zelenskyy stressed the importance of securing an unconditional ceasefire to pave the way for future peace discussions. However, Russia’s peace efforts remain limited, with President Putin sending a lower-level delegation to the peace talks in Istanbul, which lasted less than two hours.
European leaders, including those from France, Germany, and Poland, criticized Russia's stance and expressed their commitment to continue working with the U.S. to resolve the conflict. German Chancellor Friedrich Merz emphasized that Europe must rely on the U.S. to end the war in Ukraine.
At the summit, Albanian Prime Minister Edi Rama lightened the mood with a humorous video featuring the leaders as babies, offering a brief moment of levity amid the serious discussions.
The EU is preparing new sanctions to increase pressure on Russia. The package targets Nord Stream pipelines, expands sanctions on shadow fleet vessels, lowers the oil price cap, and tightens restrictions on Russia’s financial sector, EU Commission President Ursula von der Leyen said.
The United States has imposed new sanctions targeting Iran and China, according to a notice from the U.S. Treasury Department.
The European Commission has proposed its 17th sanctions package against Russia, targeting over 100 shadow fleet vessels and dozens of entities aiding Moscow’s war efforts, including firms in China.
The U.S. House will debate the MEGOBARI Act, a bipartisan bill proposing sanctions on Georgian officials and offering aid if Tbilisi shifts from anti-Western policies, following Georgia’s adoption of a controversial foreign agents law.
Venezuela's economy saw a year-over-year growth of 9.3% in the first quarter of 2025, according to the country's central bank. This marks a slight increase compared to the 9.1% growth rate recorded in the same period last year.
British Foreign Secretary David Lammy and Pakistani Foreign Minister Ishaq Dar met Friday to address the recent flare-up between Islamabad and New Delhi.
A high-ranking Swedish diplomat who was recently questioned on spying allegations has died, shocking the country.
The United States will begin talks with allies later this year on scaling back its military presence in Europe.
Syria regains World Bank funding after Saudi Arabia and Qatar pay $15.5 million debt
A meeting of the security agencies of the CIS member states took place on May 16th in Dushanbe, the capital of Tajikistan.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Ministers in Libya’s Government of National Unity (GNU) are resigning one by one amid mounting protests in Tripoli, Libya Press agency reports
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
British Foreign Secretary David Lammy and Pakistani Foreign Minister Ishaq Dar met Friday to address the recent flare-up between Islamabad and New Delhi.
A high-ranking Swedish diplomat who was recently questioned on spying allegations has died, shocking the country.
British Foreign Secretary David Lammy and Pakistani Foreign Minister Ishaq Dar met Friday to address the recent flare-up between Islamabad and New Delhi.
A high-ranking Swedish diplomat who was recently questioned on spying allegations has died, shocking the country.
The United States will begin talks with allies later this year on scaling back its military presence in Europe.
Syria regains World Bank funding after Saudi Arabia and Qatar pay $15.5 million debt
A meeting of the security agencies of the CIS member states took place on May 16th in Dushanbe, the capital of Tajikistan.
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